Based on the most recent data, the number of Hong Kong mortgage holders with negative equity has reached a significant milestone.

Tuesday, 30 April 2024, 11:58

The number of Hongkongers with negative-equity loans has tripled in the first quarter of the year, standing at 32,073. This marks the highest number of cases since the first quarter of 2004. The surge in negative equity poses challenges to the housing market and reflects the economic impact of recent events. In conclusion, the substantial increase in Hong Kong residents facing negative equity indicates the pressing need for financial stability measures.
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Based on the most recent data, the number of Hong Kong mortgage holders with negative equity has reached a significant milestone.

Summary of the Post

The number of Hongkongers with negative-equity loans has tripled to 32,073 in the first quarter of the year, which is the most since some 40,000 cases were recorded in the first quarter of 2004.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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